Cost of Living in Boiling Springs, NC

Population 4,625 · North Carolina · Data vintage 2023

74
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Boiling Springs sits on the smaller end of the North Carolina city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. At 6.4%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Geographically, Boiling Springs is about 45 miles west of Charlotte, the nearest large metro. Median home values run roughly 33% lower than Charlotte's $352,000.

Cost Overview

Housing 78
Rent 68

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Boiling Springs

The median home value in Boiling Springs is $236,800 — 22% below the national median of $305,000. Median rent runs $897/month, 32% lower than the national median of $1,314/month. The median household income of $98,796/year is 32% higher than the US median of $74,580. The local unemployment rate is 6.4%, above the national average of 4.8%. North Carolina's top state income tax rate is 4.5% and the combined sales tax is 7.0%. The climate averages highs of 73.0°F and lows of 51.3°F. Overall, Boiling Springs has a cost of living index of 74 versus the US average of 100, meaning it is 26% less expensive.

🏠 Housing

Median Home Value
$236,800
22% below avg
Zillow Home Value
$190,373
Zillow ZHVI
Median Rent
$897/mo
32% below avg
Price-to-Rent Ratio
22.0x
Favors renting
Property Tax Rate
0.8%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$826
1 BR
$860
2 BR
$1,049
3 BR
$1,384
4 BR
$1,637
Owner-occupied 79.1%
Renter-occupied 20.9%

💰 Estimated Monthly Budget

Rent median rent
$897
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,511/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
25.9 min
4% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.0%

Commute Mode

Drove alone
78.8%
Carpooled
7.4%
Walked
4.8%
Work from home
9.0%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 4.5%
Total Sales Tax 7.0%
State rate 4.8%
Avg local rate 2.2%
Property Tax 0.8%

💼 Income & Employment

Median Household Income
$98,796
32% above avg
Per Capita Income
$38,326
Unemployment Rate
6.4%
34% above avg
Poverty Rate
2.8%
Labor Force Participation
52.3%

🎓 Education

Bachelor's degree+ 20.1%
Graduate degree 25.4%

👥 Demographics

Median Age 22.9
Male median age 24
Female median age 22.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
73.0°F
Avg Low
51.3°F
Annual Precip
43.3"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 535865748188918983746456
Low °F 333642505867706963514136
Precip" 3.343.283.943.883.464.213.473.953.753.293.303.44

Frequently Asked Questions

What is the cost of living in Boiling Springs, NC?

Boiling Springs has a cost index of 74 (100 = national average). It is 26% below the national average.

What is average rent in Boiling Springs, NC?

The median gross rent in Boiling Springs is $897 per month based on 2023 Census data.

What is the average home price in Boiling Springs?

The median home value in Boiling Springs is $236,800 according to Zillow and Census data.

What is the median income in Boiling Springs?

The median household income in Boiling Springs is $98,796 per year (2023 ACS 5-year estimates).

What is the sales tax in Boiling Springs, NC?

The combined state and local sales tax rate in Boiling Springs is 7.0%. The North Carolina state income tax top rate is 4.5%.

Is Boiling Springs, NC affordable?

Yes, Boiling Springs is generally considered affordable, with a cost of living index of 74 — about 26% below the US national average of 100.

What is the weather like in Boiling Springs?

Boiling Springs has average high temperatures of 73.0°F and average lows of 51.3°F. Annual precipitation is 43.3". Data from NOAA 1991–2020 Climate Normals.

Boiling Springs at a Glance

Population
4,625
Median Income
$98,796
Home Value
$236,800
Median Rent
$897/mo
Unemployment
6.4%
Avg High Temp
73.0°F
Sales Tax
7.0%
View all cities in North Carolina →
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Explore county-level cost of living data

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